The ISM Non-Manufacturing Prices Index is a sub-component of the Services PMI that tracks the prices paid by service-providing organizations for materials and services. It serves as a leading indicator of consumer inflation, as businesses often pass on increased input costs to customers. High readings suggest rising inflationary pressures within the service sector. This data is closely watched by the Federal Reserve when assessing price stability.
Purchasing managers are asked whether the prices they pay for goods and services are higher, lower, or the same as the previous month. The index is then calculated as a diffusion index.
| Date | Actual | Forecast | Surprise |
|---|---|---|---|
| Aug 5, 2026 | 70.30 | 65.00 | +5.30 |
| Jul 6, 2026 | 67.70 | 67.50 | +0.20 |
| Jun 3, 2026 | 71.30 | 72.30 | -1.00 |
| May 5, 2026 | 70.70 | 73.70 | -3.00 |
| Apr 6, 2026 | 70.70 | 67.00 | +3.70 |
| Mar 4, 2026 | 63.00 | 68.30 | -5.30 |
| Feb 4, 2026 | 66.60 | 65.00 | +1.60 |
| Jan 7, 2026 | 64.30 | 64.90 | -0.60 |
| Dec 3, 2025 | 65.40 | 68.00 | -2.60 |
| Nov 5, 2025 | 70.00 | 68.00 | +2.00 |
| Oct 3, 2025 | 69.40 | 68.00 | +1.40 |
| Sep 4, 2025 | 69.20 | 69.50 | -0.30 |
| Aug 5, 2025 | 69.90 | 66.50 | +3.40 |
| Jul 3, 2025 | 67.50 | 68.90 | -1.40 |
| Jun 4, 2025 | 68.70 | 65.10 | +3.60 |
| May 5, 2025 | 65.10 | 61.20 | +3.90 |
| Apr 3, 2025 | 60.90 | 63.10 | -2.20 |
| Mar 5, 2025 | 62.60 | 60.00 | +2.60 |
| Feb 5, 2025 | 60.40 | — | — |
| Jan 7, 2025 | 64.40 | 57.50 | +6.90 |
| Dec 4, 2024 | 58.20 | 56.40 | +1.80 |
| Sep 5, 2024 | 57.30 | 56.00 | +1.30 |
| Aug 5, 2024 | 57.00 | 56.00 | +1.00 |
| Jul 3, 2024 | 56.30 | 56.70 | -0.40 |
| Mar 5, 2024 | 58.60 | 62.00 | -3.40 |
| Feb 5, 2024 | 64.00 | 56.50 | +7.50 |
| Apr 5, 2023 | 59.50 | 65.00 | -5.50 |
| Mar 3, 2023 | 65.60 | 67.00 | -1.40 |
| Feb 3, 2023 | 67.80 | 66.00 | +1.80 |
| Jan 6, 2023 | 67.60 | 68.00 | -0.40 |
| Dec 5, 2022 | 70.00 | 70.20 | -0.20 |
| Nov 3, 2022 | 70.70 | 68.00 | +2.70 |
| Oct 5, 2022 | 68.70 | 70.00 | -1.30 |
| Sep 6, 2022 | 71.50 | 65.00 | +6.50 |
| Aug 3, 2022 | 72.30 | 77.00 | -4.70 |
| Jul 6, 2022 | 80.10 | 82.00 | -1.90 |
| Jun 3, 2022 | 82.10 | 85.00 | -2.90 |
| May 4, 2022 | 84.60 | — | — |
| Apr 5, 2022 | 83.80 | 83.40 | +0.40 |
| Mar 3, 2022 | 83.10 | 83.00 | +0.10 |
| Feb 3, 2022 | 82.30 | 82.00 | +0.30 |
| Jan 6, 2022 | 82.50 | 81.00 | +1.50 |
| Dec 3, 2021 | 82.30 | 83.00 | -0.70 |
| Nov 3, 2021 | 82.90 | 77.80 | +5.10 |
| Oct 5, 2021 | 77.50 | 74.90 | +2.60 |
| Sep 3, 2021 | 75.40 | — | — |
